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WHUT (Howard University Television) 4
English 13
Search Results 0 to 12 of about 13 (some duplicates have been removed)
Jan 30, 2013 7:00pm PST
technology. >>> policymakers in the united states feel their economy still need their help. what can you tell us? >> i've been reading through the stam and they feel there's been a pause in the u.s. economy and they're not yet confidence about the job situation. they want to see a lower unemployment rate. they will continue their current ease to support the economy. the u.s. federal reserve made the decision at a two-day meeting of it federal open market committee that ended wednesday. the policymakers said in a statement that growth and economic activity had paused in recent months. this was despite improvements in the housing market, personal spending and business investment. the federal reserve attributed the slow down to a high jobless rate and the effects of hurricane sandy which hit the u.s. east coast last year. the fed said it will continue buying mortgage backed securities and treasury bonds worth $85 billion a month. the key interest rate will be kept at virtually zero as long as the unemployment rate stays above 6.5%. the u.s. jobless rate stood at 7.8% in december. the u.s. econom
Jan 29, 2013 7:00pm PST
plans to maintain the philips brand and expand sales to emerging economies in asia and south america. >>> one of japan's major oil wholesalers will join forces with a canadian gas firm. idemitsu-kosan announced it will build a liquefied natural gas plant in canada with altagas. executives at idemitsu said tuesday the two firms agreed to form a joint venture. the new plant will be built on the west coast of canada. they plan to start shipping 2 million tons of lng annually to japan and other countries as early as in 2017. the executives say the lng will have a price advantage as it will be produced at canadian market prices. shipping costs will be lower because of geographical closeness compared with sourcing from the middle east and the u.s. east coast. demand for lng has been rising in japan since the nuclear accident in fukushima. that's because it's the main fuel used for thermal power generation. >>> let's get a check on market prices now. tokyo stock prices are trading higher. an overnight rise in new york is raising expectations for a u.s. economic recovery. the nikkei average
Feb 4, 2013 7:00pm PST
: the industry is one of the main engines for the taiwanese economy. companies focus on speed. this manufacturer is trying to develop a digital camera, originally created in japan. now, taiwanese firms have gained the know-how to make those products on consignment. the facility allows mass production. they also need to be flexible to meet the market needs of their clients. >> translator: the top priority is speed. speed can help develop technology, and it can also help us take the lead in the market. >> translator: to speed up work, this company delegates more authority to project managers. >> translator: we are already negotiating inspection methods with a japanese firm. the decision will be made soon. >> reporter: the maker plans to regain full-fledged production in the first half of this year. >> translator: we'll shorten the time to get the parts we need by making them inside our group. this should enable us to manufacture products two to four months faster than japanese makers. >> reporter: authorities at such firms are pressing a priority on speed. this research institute acquired many new
Jan 29, 2013 7:30am EST
numbers and determine how the u.s. economy is doing. euro/yen 104.7 to 50. >>> japanese workers may have a few more yen in their pockets if union leaders get their way. labor and business leaders are discussing a proposed wage hike. >> translator: a wage increase is a way to ending deflation. it's time for businesses to invest in human resources and not cut corners with workers earnings. >> koga asked for an increase of wages much 1%. he said raises based on seniority should continue. the leader of the business federation opposed the union's demand. he said labor leaders are ignoring the reality of today's business climate. >> translator: this year workers and managers need to share a sense of crisis. we need to have constructive discussion. it's critical for us to do so, to ensure businesses survive and grow. people need stable employment. >> he said the current economic situation leaves no room for raising wages across the board. he said struggling firms may be forced to postpone or even cut regular raises. >>> manufacturers have long been seen as leaders of japanese industry, but a ne
Feb 1, 2013 7:00pm PST
economy. the administration is being criticized for delaying a reform of the pension system that favors retired civil servants and military personnel. three weeks ago about 90,000 people took part in a rally organized by the largest opposition democratic progressive party. the support for president ma has fallen to 13%. a vice premier is expected to analyst replace chin. analysts say the personnel change is an attempt for the administration to gain public support. >>> some analysts say the u.s. economy is beginning to show signs of a full recovery but in terms of the labor market, not just yet. officials from the u.s. labor department have released the latest jobs report. it edged up to 7.9%. it was 7.8% the previous month. the jobless rate was above 8% for months. they added 157,000 jobs in the non-farm sector. employment in the retail sector rose by 33,000 while employment in the transportation and warehousing dropped by about 14,000 jobs. >>> major japanese electronics makers are marred deep in the red but they started showing signs of a turn around. panasonic reported the first prof
Feb 1, 2013 7:30am EST
economy through down sizing while others are cutting their labor cost and limiting their hiring plans. the move is particularly prominent in the electronics sector. it has faced intense competition with overseas makers as well as the negative impact of the strong yen over many years. struggling chip maker renesas slashed 7400 jobs through an early retirement program last october. it says it needs to cut another 3,000. >>> electronics maker sharp sent nearly 3,000 domestic full time workers last december. that was through a voluntary retirement program. and nec another firm that's taking a similar step, it cut about 2400 full time workers last september, also through voluntary retirement. meanwhile sony planning to cut 2,000 domestic full time workers by march through early retirement. the company has posted losses for fouring straight years. it's also planning to close it's mobile phone factory in central japan. >>> japan's vehicle sales last month were the highest ever for a january, though sales of other kinds of cars did see declines. industry sources say new mini vehicle sales cam
Jan 28, 2013 7:00pm PST
to emerging markets and natural resources but japan's sluggish economy forced its leaders to cut oda. they slashed it to less than half of what it was at its peak in the 1990s. however, they're determined to maintain a presence so they've come up with a new strategy. nhk world explains. >> reporter: senegal, western africa. for years, a japanese government agency called the japan international cooperation agency, has provided aid to the country. last year in this village, japan installed a system to purify water. the program helped. the system uses water. even though this is a project, a private company does the filtering free of charge. >> tasty. >> translator: now we don't get sick after drinking water. >> reporter: at the moment, the group is working on the aid project with private companies. until recently, the agency planned the projects. then it commissioned private companies to carry them out. but the japanese government pays the bill. under the new system, it's the company that does all the planning. jica pays up to $560,000 in research fees. the other company pace the costs.
Jan 30, 2013 7:30am EST
and one of the main j.j.s of the south korean economy. in his new year's speech the company chairman acknowledged the tough global economic situation vowing to tackle the challenges ahead. >> translator: we have to boost our competitive edge by improving the quality of our cars. >> reporter: the rising yuan is not the only challenge. workers have staged a series of strikes. they demanded wage increases and improved working conditions. domestic production costs have soared as a result. one of hyundai's biggest korean plants is about 300 kilometers south of seoul. company managers and union leaders worked out a new deal in september after four months negotiation. hyundai officials eliminated overnight shifts for the first time since 1967, the company's founding. >> translator: i think it's great because now i have time to do something for myself. i can properly be healthier because i can sleep at night. >> reporter: along with the elimination of overnight shifts, the firm is raising basic wages by 5.4%. in addition, to make up for the reduced working hours, management will invest $300
Feb 5, 2013 7:30am EST
-day streak. they hope authorities will take steps to stimulate the economy. >>> looks like the yen's decline is proving to be quite a boone for toyota motor. the carmaker is predicting it will post its first operating profit in five years, thanks to the currency's weakness. toyota managers have revised their profit estimate upward for the fiscal year ending in march. they say they're expecting now a profit of about $1.6 billion. that's quite a change from just a few months ago. in november they were looking for a loss of more than $200 million. managers say the weakening of the yen since mid-november will improve export margins and push up profit by more than $1.5 billion. they also note that cost-cutting efforts at factories have also been a bit of a help. managers have also raised the profit outlook for the toyota group by 9.5% in yen terms to more than $12 billion. that does include revenues from overseas operations. they're now more confident that the company will be able to maintain its domestic production target of 3 million vehicles. that's if the yen is able to stay at current levels
Search Results 0 to 12 of about 13 (some duplicates have been removed)